At a Glance
- Tasks: Provide oversight on risk management and audit processes for the Royal College of Pharmacy.
- Company: Join a leading professional body dedicated to advancing pharmacy and patient care.
- Benefits: Voluntary role with flexible commitment and opportunity to influence healthcare governance.
- Other info: Opportunity to serve on the board for up to nine years with a focus on charity governance.
- Why this job: Make a real impact in healthcare by ensuring robust systems and compliance.
- Qualifications: Senior management experience, especially in finance or governance, is essential.
The Royal College of Pharmacy’s Audit & Risk Committee (ARC) is a sub-committee of the College’s Board of Trustees, established to provide independent oversight of risk management, internal controls, and audit processes.
While the day-to-day management of operational and financial risks is delegated to the College executive, the ARC supports the Board of Trustees to ensure that the College maintains robust systems of internal control, complies with legal and regulatory requirements, and appropriately manages strategic and operational risks.
This is a voluntary role with an estimated time commitment of one day per quarter. This includes attendance in person or by Teams at four meetings annually, plus reading and preparation time. Trustees serve for a term of up to three years with an option for appointment for a further two terms.
Principal duties:- Propose the remit for the audit for approval by the Trustees
- Review, with the auditors, the outcome of the financial audit and any management response – and report to the Trustees
- Assist the Trustees in ensuring the College’s policies and procedures for ensuring legal compliance in all areas are implemented
- Advise the Trustees on the appointment and management of internal auditors or compliance management
- Review the risk register and assess the scope and effectiveness of the systems designed to identify, assess, manage and monitor significant risks and report to the Trustees
- Senior management or director-level experience, ideally as a finance director, company secretary, director of governance, or chief executive
- Risk management and mitigation, including experience in complex organisational environments
- Understanding the distinct role of trustees and operational/executive functions
- Charity or not-for-profit governance
- Risk oversight and compliance monitoring
We are the Royal College of Pharmacy, the professional leadership body for pharmacists and pharmaceutical scientists. As the third largest workforce in healthcare, pharmacy plays a vital role in the health system, and as experts in medicines, pharmacists and their teams are central to patient care and public health. Our mission is to put pharmacy at the forefront of patient care, advancing the safe and effective use of medicines to the benefit of patients and the public.
Closing date: 19/7/2026
Interview Panel (on Teams): Week commencing 10 August
To learn more about the role, view our job description. To apply, please send a CV or profile and a supporting statement via the link on our website. We are committed to making the application process inclusive.
Each candidate will be shortlisted based on merit, and interview and appointment selection will be strictly based on the agreed selection criteria. The Equality Act 2010 permits reasonable adjustments that may give preferential treatment to an individual with a disability.
Audit & Risk Committee Member in London employer: RCPharm
The Royal College of Pharmacy is an exceptional employer, offering a unique opportunity to contribute to the governance of a vital healthcare institution while working alongside dedicated professionals in the field. With a strong commitment to inclusivity and professional development, the College fosters a collaborative work culture that values the expertise of its members, ensuring meaningful engagement in shaping the future of pharmacy and patient care. This voluntary role allows for flexible participation, making it ideal for experienced individuals seeking to make a significant impact in a respected organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Audit & Risk Committee Member in London
✨Get Involved in Local Compliance Groups
Join local compliance or risk management groups where you can meet professionals in the field. They often host events or webinars that can help you network and learn about potential volunteering opportunities at organisations like RCPharm.
✨Demonstrate Your Passion for Compliance
Showcase your interest in compliance and risk by writing articles or blog posts about current trends in the industry. Share these on platforms like Medium or LinkedIn, highlighting your insights! This can make you stand out to RCPharm when they're looking for volunteers.
✨Volunteer at Relevant Organisations
Look for opportunities at non-profits or organisations that need compliance support. This will not only give you hands-on experience but also help you build a network that can get your foot in the door at RCPharm or similar firms.
✨Utilise University Resources
If you're studying, tap into your university's career services. They often have connections with businesses looking for volunteers, so don’t hesitate to ask about any placements related to compliance at places like RCPharm. It’s a great way to gain experience while still in school!
We think you need these skills to ace Audit & Risk Committee Member in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, we want to see that you truly understand the principles of regulatory frameworks and risk assessment. Use your cover letter to highlight any related coursework or experiences that demonstrate your knowledge, even if it's from your studies or previous volunteering. Mention specific regulations or frameworks you’re familiar with to catch our attention.
Highlight Relevant Experience, Even If It's Volunteer Work:Since you're applying for a volunteer position, it’s crucial to emphasise any previous volunteer experience that connects with compliance and risk management. Did you help out in a similar role previously, or do you have any projects related to ethics or compliance? Share those stories in your CV to show your commitment and hands-on experience in the field.
Keep It Concise and Structured:When drafting your application, make sure to keep it straightforward and well-organised. Use bullet points for your CV to list your relevant skills, achievements, and experiences succinctly. Compliance roles often involve attention to detail, so this will reflect positively on your application!
Express Your Passion for Compliance and Risk Management:As a volunteer, your enthusiasm can set you apart. In your cover letter, share why you're passionate about compliance and risk management. Whether it's safeguarding organisations or your interest in regulatory changes, let us know your motivation. This personal touch shows us that you’re not just looking for a role, but that you genuinely care about the field!
How to prepare for a job interview at RCPharm
✨Know Your Compliance Stuff
Dive into the fundamentals of compliance and risk. Brush up on regulations relevant to the sector RCPharm operates in. Be ready to discuss the tools and methodologies you’re familiar with, like risk assessments or compliance frameworks—you might face some scenario-based questions that'll put your understanding to the test!
✨Show Your Volunteer Spirit
As this is a volunteer position, showcasing your willingness to learn and be adaptable is key. Talk about how your skills and passion align with the mission of RCPharm. Share experiences where you’ve gone above and beyond in similar roles, demonstrating your commitment and motivation.
✨Practical Problem Solver
Be prepared for some situational questions that assess your problem-solving skills. Think of situations where you identified risks or potential compliance issues and how you resolved them. This not only shows your analytical thinking but also your proactive nature—qualities that lean well in the compliance-risk space.
✨Build Rapport with the Team
Since you'll likely be working closely with a team of compliance officers or risk analysts, try to convey how well you collaborate. Practise discussing your teamwork experiences, especially in previous volunteer roles. Making a personal connection with your interviewers can go a long way, showing you're not just about the skills but also about being a team player.
